Nephros (NASDAQ:NEPH) Issues Quarterly Earnings Results

Nephros (NASDAQ:NEPH) issued its quarterly earnings data on Monday. The company reported $0.03 earnings per share for the quarter, Zacks reports. Nephros had a negative net margin of 6.86% and a negative return on equity of 11.39%.

Nephros Stock Up 2.9 %

Shares of NASDAQ NEPH traded up $0.05 during midday trading on Monday, reaching $1.60. 2,897 shares of the company were exchanged, compared to its average volume of 12,725. The stock’s 50-day moving average price is $1.56 and its 200-day moving average price is $1.57. The stock has a market cap of $16.82 million, a P/E ratio of -17.72 and a beta of 1.19. Nephros has a one year low of $1.36 and a one year high of $2.55.

About Nephros

Nephros, Inc, a commercial-stage company, develops and sells water solutions to the medical and commercial markets in the United States. It offers ultrafiltration products that are used in dialysis centers for the removal of biological contaminants from water and bicarbonate concentrate; and in hospitals for the prevention of infection from waterborne pathogens, such as legionella and pseudomonas, as well as in military and outdoor recreation, commercial, and other healthcare facilities.